Category: Rhode Island
Wright of Lila Delman Compass sells 5 Defender’s Row for $3.42 million
November 14, 2025
Newport, RI Lila Delman Compass brokered the sale of 5 Defenders Row on Goat Island for $3.42 million. Alyce Wright, sales associate of Lila Delman Compass’ Newport office,
Schultheis of Sweeney Real Estate & Appraisal secures long-term lease for O’Reilly Automotive
November 14, 2025
Westerly, RI Eric Schultheis of Sweeney Real Estate & Appraisal negotiated the lease of 102 Granite St. to O’Reilly Automotive Store Inc. O’Reilly leased the full 8,616
R.I. success story: Quonset Business Park is now home to 15,000 jobs - by Steven J. King
November 14, 2025
For 20 years, the Quonset Business Park has served as New England’s leading engine for economic growth and job creation. Today, Quonset has achieved a new economic milestone – the
Roy Carpenter’s Beach Association completes purchase of historic Matunuck property
November 14, 2025
Matunuck, RI The Roy Carpenter’s Beach Association (RCBA) has purchased the 50-acre beachfront property at 240 Cards Pond Rd., marking a defining moment in the community’s nearly 80-year history.
McMahon and Ginsberg of Summit Realty Partners win CoStar Power Broker award
November 14, 2025
Cranston, RI Summit Realty Partners’ principal, Chris McMahon, and vice president, Travis Ginsberg, have been recognized as 2025 CoStar Power Broker Quarterly Deals winners for three retail leasing transactions this year. This national honor highlights
Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Dani...
November 14, 2025
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility mana...
November 3, 2025
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
Rhode Island and the New Normal - by Thomas Sweeney and Christina Rouse
October 31, 2025
Rhode Island’s commercial real estate market is shifting in line with national trends, though local dynamics reveal both opportunity and constraint. Office tenants are more selective, experiential retail is expanding, capital remains tight but shows
Outlook for industrial real estate market in R.I. for rest of 2025 and start of 2026 is positive - b...
October 31, 2025
As we head into the 4th quarter of 2025, the Rhode Island industrial market remains healthy with steady demand. Vacancy rates remain below the 7% national average and range between 4% and 5%. Over the past year, vacancies have risen only 0.1%
Rhode Island multifamily market: Cautious start gives way to renewed optimism - by Derek Brazeau
October 31, 2025
As Rhode Island moves into the final quarter of 2025, the state’s multifamily market is demonstrating renewed momentum after a period of uncertainty earlier in the year. The first half of the year began with uncertainty as investors navigated a
2025 Fall Preview: Derek Brazeau, Hayes and Sherry
October 31, 2025
What trends or shifts do you see shaping your industry this fall and into 2026? This fall, I’m seeing Rhode Island’s multifamily market pick up after a slower start to the year. Investors are getting back into the mix as interest rates ease and financing becomes more accessible, which is helping deals move again.
Compass's Greene closes on second highest sale, YTD, in Cumberland
October 17, 2025
Cumberland, RI Compass have completed the sale of 10 Kelsey Eden Way in Cumberland for $1.25 million. Kira Greene, founding agent of Compass Providence, represented the sellers in this transaction. According to data
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